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Thursday, October 18, 2012

Hawker Beechcraft to go it alone, LR plant future uncertain

Posted By on Thu, Oct 18, 2012 at 12:39 PM

Talk Business reports on Hawker Beechcraft's announcement that it hopes to come out of bankrtupcy as a standalone company rather than join with a Chinese investor.

Its Little Rock jet production facility?

The company’s Little Rock facility is known for its production work on high-performance business jets and its maintenance division. It is unclear what the impact of restructuring could be on Little Rock, but it could be dour.

“As part of the plan, the company, in consultation with its key creditor constituents, is evaluating its strategic alternatives for the Hawker product lines, which could include a sale of some or all of those product lines, or a closure of the entire jet business if no satisfactory bids are received,” the company said in a news release today.

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